Recently, Cheltenham has made an announced that they have renamed their most prestigious Cheltenham Gold Cup.

Edward Gillespie, Managing Director of Cheltenham commented, “I am very pleased to announce that from now onwards our leading race will be known as The Betfred Cheltenham Gold Cup. This race is scheduled after 6 months i.e. on 16th of March 2012, and team are excitingly looking forward to work with Fred Done as well as his colleagues, for build up to The Festival this season. We have already made all the discussions regarding this matter with the Betfred team and we are very delighted to welcome Betfred as our newest sponsor.”

Fred Done, Head of Betfred said, “Sponsoring such a prestigious Gold Cup is the proudest moment in my career and now we are about to get together and discuss the future because we are very much impressed with Edward Gillespie and his team.”